flightofthefox (@flightofthefox) profile picture

building next-gen sharded blockchain tech

🦊
Joined December 2020
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If you think about the many thousands of actions you take on the internet every day - paying a bill, liking a post, messaging a friend. The ratio of those which actually involve financial transactions (like paying the bill) vs those which are purely for social or for fun - is probably about the same ratio of dApp interactions we’ll eventually see handled by trust-minimised smart contracts vs trust-minimised TEE systems (which will have 1000-10000x lower costs, no storage bounds, and real-time interactivity. ) That’s not a shot against SC platforms though; which really are the cornerstone enabling tech for decentralised architectures. There’s no incongruence thinking: TEE systems will handle 99.99% of dApp interactions by quantity whereas SC platforms will handle 99.99% of interactions by value. The future is in ensuring max alignment of both techs to enable new use-cases, and accelerate the space forward… Maybe then we can stop sitting around year after year wondering - “where the heck are all the apps we were promised?!” Because, it should be pretty clear at this stage: it’s not a shortage of blockspace!
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two options. curl up into a ball and cry, or hear the call - we must do better
it's 2026 you wake up to find that 1,313 CVEs have been reported in debian/linux, largely discovered by emerging cyber-capable machine intelligence thisisfine.gif
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It's confounding that Ethereum chose the rollup path for themselves Especially given they had the sharded alternative on the table. The treatises and discussions on sharding, from Eth researchers, are still some of the most clear-eyed you can read (even near 10 years on) My theory is that the mathematics of rollups must have been some kind of irresistible siren song for giga-brains
L2s are ETH competitors disguised as allies They take the users, keep the fees & lobby the L1 to stay small; a slow vampire attack At best, they are competitors; at worst, they are draining ETH of life The L2s will migrate or become L1s; either way, ETH is left holding the bag
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top scores well deserved. it's not only interesting in terms of a SotA step forward - it's also just immaculately well-crafted. using it together with VRF sortitions for a beacon-chain design. thanks to each of you @XiangZhuolun @xosmig @SashaSpiegelman
Everyone is racing to patch in multi-leader BFT. At Aptos, we solve challenges at the foundational level. Proud to share that our multi leader protocol just got accepted to CCS (with top scores!) — reviewers were excited about the foundational contribution to the field. With Decibel: • No censorship • Fairness by geography (see it first → trade first) • Stable global p90 latency • No leader bottlenecks / DDoS targets At Aptos we don't patch. We innovate, we redesign, we push boundaries.
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industry: gets hacked “how did the devs let this happen?” the devs:
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The “mullet” haircut version of decentralisation. Raspberry Pis in the front, unfathomably large proving clusters in the back
ZERO is decentralization sleight of hand: By shifting work over to builders, they claim to have low "validator" requirements... In reality, they only disempowered them! Replacing validators with a new class of builders that require server farms & calling that decentralization!
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flightofthefox retweeted
I’m the CEO of a hot dog company. I’ve worked on hot dogs for 10 years. And *I* wasn’t prepared for what I’ve just seen. Your life is about to change. So what can you do? Buy as many hot dogs as you can. Buy stock in hot dog companies.
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SQLite has about 155,800 lines of code, and its test suite has roughly 92 million lines. That is ~590x more test code than actual code 🤯 This is the level of testing you need for a real production database. Here are some types of tests they run. Out-of-memory tests - SQLite cannot just crash when memory runs out. On embedded devices, OOM errors are common. They simulate malloc failures at every possible point and verify that the database handles them gracefully. I/O error tests - Disks fail. Networks drop. Permissions change mid-operation. SQLite inserts a custom file system layer that can simulate failures after N operations, then verifies that no corruption occurs. Crash tests - What happens if power cuts out mid-write? They simulate crashes at random points during writes, corrupt the unsynchronized data to mimic real filesystem behavior, then verify the database either completed the transaction or rolled it back cleanly. No corruption allowed. Fuzz testing - They throw malformed SQL, corrupted database files, and random garbage at SQLite. The dbsqlfuzz tool runs about 500 million test mutations every day across 16 cores. 100% branch coverage - Every single branch instruction in SQLite's core is tested in both directions. Not just 'did this line run', but 'did this condition evaluate to both true AND false'. Databases are really unforgiving :) By the way, if you want to go deeper, I recommend reading the official SQLite documentation on their testing strategy. The doc is pretty practical and deep. Have linked it below.
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Yo, @SasuRobert - i'm cooking up a high perf, high composability sharded ledger and i'm going to steal your designs for sPOS - thanks!
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flightofthefox retweeted
We make little to no revenue on scroll, and they don't even pretend to be decentralized anymore. Centralized networks are riskier than decentralized ones; only a revenue prospect can justify taking risks, otherwise it's not economically viable. Will have a look at it, and if needed, will propose to the Aave DAO to close down shop over there.
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flightofthefox retweeted
The hidden cost of hiring the wrong people.
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It’s amazing how, for some MFs, the difference between: “it’s a landgrab!!” and “it’s aligned <3” is just posting some dumb blobs on-chain (which does nothing for ETH either way)
Replying to @CatfishFishy
> They're literally going to walk into a grocery store, pay for some milk and eggs, and walk out. Yes, which is more or less already the experience that Stripe offers and this experience is core to their business, and their building Tempo as an extension of that to be able to provide that same experience in more contexts. But it’s all about what they want and need for their core business, and that therefore doesn’t make that financial stack inherently interesting to anyone else outside of Stripes orbit. Yes Stripe has a developer ecosystem, and this new chain could now open up more space for them. But it’s all a landgrab by Stripe for Stripe.
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flightofthefox retweeted
1/5 As an investor, I see Tesla’s proposed 2025 CEO Performance Award for Elon Musk as a model for aligning executive incentives with long-term value creation. No time based vesting. Crypto founders should study this structure. It’s all-or-nothing RSUs, vesting over 7.5-10 years, tied to $7.5 trillion in shareholder value.
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Good list
New thing on The Foolish Generalist. Those who know me know cyberpunk is a long-time thing with me (and is essentially why I got into crypto), and I wanted to write something for those just getting into the genre. foolishgeneralist.com/p/the-…
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Wonder if StarGate team will do what’s best for holders, or will it show the whole voting process is just decentralisation theatre
HAHA, wow Wormhole put in a last minute counter-bid against LayerZero to acquire Stargate, which the LayerZero team originally launched. This while in the middle of $STG holders voting on the LayerZero buyout. Have we entered a protocol M&A bull market? This is gonna be fun.
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flightofthefox retweeted
Daily revenue of “emerging” blockchains (last 24h): • Story Protocol – $23 • Metis – $221 • Blast – $288 • Starknet – $496 • Scroll – $527 • Sei – $540 • Immutable zkEVM – $45 • Celestia – $150 • zkSync Era – $1,938 • Mantle – $5,577 Do we really need more L1/L2?
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Something is coming and our ruling class is totally unprepared to meet it
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Many such cases
founder: made tens of millions $ a16z: made tens of millions $ other vcs: made millions $ employee: made 6figs retail: lost millions $ community: lost millions $
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Remember the symbol below. It’s the biggest evidence someone is writing overly self-congratulatory tweets for basic bitch solutions at 100x the engineering run-rate actually required
— Remember that symbol above… it’s the biggest evidence someone used AI to write their post, their design, their comments. No likes again to any post that includes one or more —
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